CHARTS_CCI_SYSTEM

[northam43]

If this is the beginning of the Weekly Phase 1, the biggest plunge should be the 1st & 2nd weeks, during that period there will be short 60 min Phase 2's, and the Daily Phase 1 will extend. Then when the Daily gets a Phase 2, the Weekly Phase 1 plunge will be over and the lower timeframes will start going back into a normal cycle mode and then eventually the SPX Weekly will get back into Phase 2. I am expecting this Weekly Phase 2 to be a short one, and the next Weekly Phase 2 to be the last one before the Monthly Phase 1 correction starts to develop.